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Crain's New York Business
Hearst finds there's life beyond print mediaHearst Business Media's Rich Malloch: "We're generating 30% of our revenue from
Hearst finds there's life beyond print media
Crain's New York Business / Posted moments ago
Hearst Business Media's Rich Malloch: "We're generating 30% of our revenue from products that didn't exist three years ago." For the past five years, the 128-year-old media behemoth founded by William Randolph Hearst has seen its most rapid growth... Read more
1m
Crain's New York Business
America's richest families with business roots in New York CItyWilliam Randolph Hearst commissioned what would become the Hearst Tower in 1926
America's richest families with business roots in New York CIty
Crain's New York Business / Posted moments ago
William Randolph Hearst commissioned what would become the Hearst Tower in 1926. New York City businesses have spawned some the largest U.S. family fortunes, according to this year's edition of Forbes'list of America's 25 Richest Families, released... Read more
1m
Crain's New York Business
Estée Lauder plans more than cosmetic changesPhoto: Bloomberg News Est�e Lauder's chief executive, Fabrizio Freda, is spearh
Estée Lauder plans more than cosmetic changes
Crain's New York Business / Posted moments ago
Photo: Bloomberg News Est�e Lauder's chief executive, Fabrizio Freda, is spearheading the company's buying spree. After a four-year dry spell—its longest in nearly two decades—Estée Lauder Cos. is back on the prowl. In the past month alone, the... Read more
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Crain's New York Business
Lloyd Goldman buys UES co-op for $13.8MLloyd Goldman, a partner with Larry Silverstein on the redevelopment of offices
Lloyd Goldman buys UES co-op for $13.8M
Crain's New York Business / Posted moments ago
Lloyd Goldman, a partner with Larry Silverstein on the redevelopment of offices at the World Trade Center site, bought a Manhattan penthouse for $13.8 million, 7.7% less than its seller first sought. Mr. Goldman's purchase of the three-story... Read more
1m
ABC 7 El Paso
Why the U.S. oil stash has shrunk 6 weeks in a rowThe epic mountain of U.S. oil is starting to shrink. The amount of crude oil s
Why the U.S. oil stash has shrunk 6 weeks in a row
ABC 7 El Paso / Posted a minute ago
The epic mountain of U.S. oil is starting to shrink. The amount of crude oil stashed in storage tanks plunged last week by more than 4 million barrels. It was the sixth-straight week of declines, according to government stats released on... Read more
2m
Local 10 Miami
Why the U.S. oil stash has shrunk 6 weeks in a rowNEW YORK (CNNMoney) - The epic mountain of U.S. oil is starting to shrink. The
Why the U.S. oil stash has shrunk 6 weeks in a row
Local 10 Miami / Posted 2 minutes ago
NEW YORK (CNNMoney) - The epic mountain of U.S. oil is starting to shrink. The amount of crude oil stashed in storage tanks plunged last week by more than 4 million barrels. It was the sixth-straight week of declines, according to government stats... Read more
15 related stories
2m
Channel NewsAsia
Tennis ball-sized Lucara diamond fails to sell at Sotheby's auctionREUTERS: The world's biggest uncut diamond, Lucara Diamond Corp's Lesedi la Ron
Tennis ball-sized Lucara diamond fails to sell at Sotheby's auction
Channel NewsAsia / Posted 2 minutes ago
REUTERS: The world's biggest uncut diamond, Lucara Diamond Corp's Lesedi la Rona gem, failed to sell at a Sotheby's auction on Wednesday after bids fell short of the minimum reserve price, the company said. As a result, Lucara will be "retaining"... Read more
27 related stories
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Channel NewsAsia
World's largest uncut diamond fails to sell in LondonLONDON: The world's largest uncut diamond failed to sell at auction in London o
World's largest uncut diamond fails to sell in London
Channel NewsAsia / Posted 2 minutes ago
LONDON: The world's largest uncut diamond failed to sell at auction in London on Wednesday (Jun 29) after the bids fell short of the reserve price. The Lesedi La Rona, a 1,109-carat, tennis ball-sized gem found in Botswana, had been predicted to... Read more
27 related stories
2m
Channel NewsAsia
US judge dismisses SIFMA case over market data feesNEW YORK: A U.S. judge dismissed a long-simmering legal battle over the cost of
US judge dismisses SIFMA case over market data fees
Channel NewsAsia / Posted 2 minutes ago
NEW YORK: A U.S. judge dismissed a long-simmering legal battle over the cost of market data that is used by brokerages and high-speed trading firms, in a victory for the New York Stock Exchange and Nasdaq. The Securities Industry and Financial... Read more
4m
Fortune
Sam Adams brewer files trademark for 'Brexit' ciderFor Brits that are feeling woeful about the results of the Brexit vote, the fol
Sam Adams brewer files trademark for 'Brexit' cider
Fortune / Posted 4 minutes ago
For Brits that are feeling woeful about the results of the Brexit vote, the folks at Sam Adams may soon have the perfect beverage to ease their sorrows. The brewer’s parent company Boston Beer sam has filed to trademark the term “Brexit” for a... Read more
4m
Fortune
Here’s Why Brexit Is Going to Be a Lot Worse for Britain than You ThinkThe leaders who successfully championed Brexit must choose between two broad ro
Here’s Why Brexit Is Going to Be a Lot Worse for Britain than You Think
Fortune / Posted 4 minutes ago
The leaders who successfully championed Brexit must choose between two broad routes in establishing the UK’s new role in the world trading community: EU-Lite or rebel. Under the first “EU-lite” solution, Britain would forge a comprehensive... Read more
4m
News 8000
Why the U.S. oil stash has shrunk 6 weeks in a rowThe epic mountain of U.S. oil is starting to shrink. The amount of crude oil s
Why the U.S. oil stash has shrunk 6 weeks in a row
News 8000 / Posted 4 minutes ago
The epic mountain of U.S. oil is starting to shrink. The amount of crude oil stashed in storage tanks plunged last week by more than 4 million barrels. It was the sixth-straight week of declines, according to government stats released on... Read more
15 related stories
5m
Los Angeles Times
Sale of Exxon Mobil's Torrance refinery to PBF Energy nears completionThe long-awaited sale of Exxon Mobil’s Torrance refinery is set to close Friday
Sale of Exxon Mobil's Torrance refinery to PBF Energy nears completion
Los Angeles Times / Posted 5 minutes ago
The long-awaited sale of Exxon Mobil’s Torrance refinery is set to close Friday, with the energy company’s completion of repairs at the plant following an explosion that destroyed a pollution-control system a year and half ago. PBF Energy, a... Read more
9m
The Irish Times
European shares rise for second day after Brexit calamityEuropean shares rose for the second consecutive day after a two-day sell off th
European shares rise for second day after Brexit calamity
The Irish Times / Posted 9 minutes ago
European shares rose for the second consecutive day after a two-day sell off that erased some $3 trillion (€2.7 trillion) from the value of global equities. In London, the FTSE 100 index of blue-chip stocks rose above last Thursday’s close, erasing... Read more
9m
The Irish Times
David McRedmond appointed chairman of Powerscourt IrelandFormer TV3 Group chief executive David McRedmond has been appointed chairman of
David McRedmond appointed chairman of Powerscourt Ireland
The Irish Times / Posted 9 minutes ago
Former TV3 Group chief executive David McRedmond has been appointed chairman of communications consultancy firm Powerscourt Ireland. The company, founded in London in 2004, opened a Dublin office in 2015. Before leading TV3 for nine years, Mr... Read more
10m
Market Watch
Here’s why investors bought S&P 500 bonds — not stocks — after BrexitThe bonds of companies in the S&P 500 index enjoyed a good run following the vi
Here’s why investors bought S&P 500 bonds — not stocks — after Brexit
Market Watch / Posted 10 minutes ago
The bonds of companies in the S&P 500 index enjoyed a good run following the victorious “leave” vote in the U.K.’s referendum on EU membership — even as their stocks got crushed. The strong performance baffled analysts at first because corporate... Read more
10m
Market Watch
Energy Transfer Equity calls off Williams Companies mergerEnergy Transfer Equity LP said Wednesday that it had terminated its merger agre
Energy Transfer Equity calls off Williams Companies merger
Market Watch / Posted 10 minutes ago
Energy Transfer Equity LP said Wednesday that it had terminated its merger agreement with rival pipeline operator Williams Cos., a deal valued at nearly $33 billion when it was signed last year. The move was widely anticipated after a Delaware judge... Read more
10m
Market Watch
Brexit fear drives negative-yielding debt to record $11.7 trillionA scramble for sanctuary in the Brexit-inspired storm pushed the total amount o
Brexit fear drives negative-yielding debt to record $11.7 trillion
Market Watch / Posted 10 minutes ago
A scramble for sanctuary in the Brexit-inspired storm pushed the total amount of government bonds with negative yields to $11.7 trillion as of June 27, according to a Fitch Ratings report on Wednesday. The amount of longer-term debt—bonds with... Read more
5 related stories
10m
Market Watch
Airbnb pushes off IPO with dual stock salesAirbnb Inc. has lined up investors for a new funding round and an employee stoc
Airbnb pushes off IPO with dual stock sales
Market Watch / Posted 10 minutes ago
Airbnb Inc. has lined up investors for a new funding round and an employee stock sale that will value the room-rental website at up to $30 billion and help put off an initial public offering, according to people familiar with the matter. The San... Read more
10m
Market Watch
Are you ready for the most bullish day of the year?Battered investors are looking for light at the end of the tunnel. Here is at l
Are you ready for the most bullish day of the year?
Market Watch / Posted 10 minutes ago
Battered investors are looking for light at the end of the tunnel. Here is at least a small glimmer: The most bullish day of the year is here. According to Stock Traders Almanac, July 1 (or which day is the first trading day of July) is the most... Read more
11m
Investopedia
10 Stocks With Limited Brexit Exposure (T,BBY,AFL,FSLR)We’re going to take a look at the fundamentals in an effort to figure out which
10 Stocks With Limited Brexit Exposure (T,BBY,AFL,FSLR)
Investopedia / Posted 11 minutes ago
We’re going to take a look at the fundamentals in an effort to figure out which 10 are likely to be the most resilient in a challenging economic and market environment. The companies that are consistently profitable, free of debt concerns and that... Read more
12m
KMBC-TV Kansas City
Noodles & Company reports possible data breachNoodles & Company is investigating a possible data breach involving customer pa
Noodles & Company reports possible data breach
KMBC-TV Kansas City / Posted 12 minutes ago
Noodles & Company is investigating a possible data breach involving customer payment information. The company said that some guests's debit or credit card information may have been compromised at certain locations between Jan. 31 and June 2. On May... Read more
5 related stories
12m
ClickOnDetroit
Why the U.S. oil stash has shrunk 6 weeks in a rowNEW YORK (CNNMoney) - The epic mountain of U.S. oil is starting to shrink. The
Why the U.S. oil stash has shrunk 6 weeks in a row
ClickOnDetroit / Posted 12 minutes ago
NEW YORK (CNNMoney) - The epic mountain of U.S. oil is starting to shrink. The amount of crude oil stashed in storage tanks plunged last week by more than 4 million barrels. It was the sixth-straight week of declines, according to government stats... Read more
15 related stories
13m
KPRC Local 2 Houston
Why the U.S. oil stash has shrunk 6 weeks in a rowNEW YORK (CNNMoney) - The epic mountain of U.S. oil is starting to shrink. The
Why the U.S. oil stash has shrunk 6 weeks in a row
KPRC Local 2 Houston / Posted 13 minutes ago
NEW YORK (CNNMoney) - The epic mountain of U.S. oil is starting to shrink. The amount of crude oil stashed in storage tanks plunged last week by more than 4 million barrels. It was the sixth-straight week of declines, according to government stats... Read more
15 related stories
13m
KULR-8 Billings
6 accused of credit card fraud in Colorado and WyomingLARAMIE, Wyo. (AP) - Six men and women face federal charges of using counterfei
6 accused of credit card fraud in Colorado and Wyoming
KULR-8 Billings / Posted 13 minutes ago
LARAMIE, Wyo. (AP) - Six men and women face federal charges of using counterfeit credit cards to defraud Wyoming and Colorado fast-food restaurants. The six, who are all from New York, are charged with conspiracy to commit access device fraud. The... Read more
15m
Accounting Today
The Convergence of Culture and Technology in Today's CPA FirmsIt’s an old adage that most firms will appreciate today: “Culture eats strategy
The Convergence of Culture and Technology in Today's CPA Firms
Accounting Today / Posted 15 minutes ago
It’s an old adage that most firms will appreciate today: “Culture eats strategy for breakfast.” My conversations during the past year with managing partners of Accounting Today’s Top 100 Firms have centered on the affinity between financial... Read more
15m
Business Standard India
Don't look to us for action, Sebi tells NSEL investorsDespite being aware of the several lapses at the National Spot Exchange (NSEL),
Don't look to us for action, Sebi tells NSEL investors
Business Standard India / Posted 15 minutes ago
Despite being aware of the several lapses at the National Spot Exchange (NSEL), the capital markets watchdog, Securities and Exchange Board of India (Sebi), could not intervene in the matter as the commodity spot market did not come under its... Read more
15m
Business Standard India
Fundraising via bonds falls in H1Declines 25 per cent as India Inc's capex remains low; overseas loans remain fl
Fundraising via bonds falls in H1
Business Standard India / Posted 15 minutes ago
Declines 25 per cent as India Inc's capex remains low; overseas loans remain flat Fundraising by Indian companies through bonds fell almost 25 per cent in the first six months of 2016 compared to the same period last... Read more
15m
Business Standard India
New Ulips still not ideal investment toolsThey suffer from the problem of mixing investment with insurance; also, lesser
New Ulips still not ideal investment tools
Business Standard India / Posted 15 minutes ago
They suffer from the problem of mixing investment with insurance; also, lesser choices compared to MFsThey suffer from the problem of mixing investment with insurance; also, lesser choices compared to MFs... Read more
15m
Business Standard India
BSE shareholders okay IPO planShareholders of the BSE stock exchange have approved its proposed plan to sell
BSE shareholders okay IPO plan
Business Standard India / Posted 15 minutes ago
Shareholders of the BSE stock exchange have approved its proposed plan to sell up to 30 per cent of its equity, in a much-awaited Initial Public Offer (IPO). It is expected to hit the market this financial year. The exchange plans to file draft... Read more
2 related stories
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